Skip to main content
Filing year 2024

INITIAL TEACHING ALPHABET FOUNDATION INC

New York, New York·EIN 11-2074243·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$179k
Total assets
$1.3M
Total expenses
$917k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Director
Unclassified
$75k
$81k
President
Board President
25th percentile to median
$14k
$15k
Treasurer
Board Treasurer
25th percentile to median
$12k
$12k
Director
Unclassified
$3k
$3k
Secretary
Board Secretary
Below 10th percentile
$2k
$2k
Vice-president
Board President
Below 10th percentile
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INITIAL TEACHING ALPHABET FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$563k

Itemized grants

9

Median grant

$39k

RecipientLocationPurposeAmount
HUTCHINSON MIDDLE SCHOOLHUTCHINSON, MNTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$140k
LITTLE VILLAGE ACADEMYCHICAGO, ILTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$135k
ROCHESTER CATHOLIC SCHOOLSROCHESTER, MNTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$95k
CENTRO METROPOLITANO DE SERVICIOS COMUNITARIOSSAN JUAN, PRTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$64k
SAN MIGUEL SCHOOL OF CHICAGOCHICAGO, ILTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$39k
SOAR ACADEMYEVAMS, GATO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$30k
WABASHA-KELLOGG ELEMENTARY SCHOOLWABASHA, MNTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$21k
INVESTING IN KIDSINKST AUGUSTNE, FLTO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$20k
AMANI WOMEN CENTERCLARKSTON, GATO FURTHER PROMOTE AND TEACH THE FOUNDATION'S PRIMARY GOAL - THE USE OF THE INITIAL TEACHING ALPHABET$20k

Up 32%
from 2023

From $57k in 2023 to $75k in 2024.

$57k
2023
$75k
2024
In today's dollarsEst.
Up 27% in real terms$64k to $81k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 1250% from 2023 to 2024, while revenue fell 91%.

$1k in 2023 to $14k in 2024.
  • Board Treasurer pay rose 1050% from 2023 to 2024.
  • Board Secretary pay rose 50% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INITIAL TEACHING ALPHABET FOUNDATION INC

What does the Board President of INITIAL TEACHING ALPHABET FOUNDATION INC earn?

In 2024, the Board President of INITIAL TEACHING ALPHABET FOUNDATION INC received $13,500 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at INITIAL TEACHING ALPHABET FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at INITIAL TEACHING ALPHABET FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at INITIAL TEACHING ALPHABET FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are INITIAL TEACHING ALPHABET FOUNDATION INC's revenue and expenses?

In 2024, INITIAL TEACHING ALPHABET FOUNDATION INC reported $179k in total revenue and $917k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.